General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago on . Most recent reply

Bookkeeping using property manager monthly statements
Hey everyone. I had a bookkeeping question.
Each month, my property manager sends me a monthly statement including any expenses, repairs, rents, etc. And then at the end of the year sends me a 1099.
Is there anything else I should be doing from a bookkeeping stand point? I used those statements last year when I had one property for my CPA without actually doing my own bookkeeping and it didn't seem to be an issue.
Let me know if these sound like something I can just use for bookkeeping moving forward. Thanks!